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Andhra Paper Limited Withdraws Credit Ratings for Bank Facilities

Story Highlights
  • Andhra Paper Limited operates in the paper industry with a focus on quality and safety standards.
  • The company has voluntarily withdrawn its credit ratings, impacting future credit assessments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andhra Paper Limited Withdraws Credit Ratings for Bank Facilities

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Andhra Paper Ltd. ( (IN:ANDHRAPAP) ) has issued an announcement.

Andhra Paper Limited has voluntarily requested the withdrawal of its credit ratings from CARE Ratings Limited for its bank facilities. This decision, supported by a no-objection certificate from lenders, aligns with the company’s strategic financial management and may impact its future credit assessment and stakeholder relations.

More about Andhra Paper Ltd.

Andhra Paper Limited is a company operating in the paper industry, providing various paper products. It is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, indicating a focus on quality, environmental management, and occupational health and safety standards.

Average Trading Volume: 11,250

Technical Sentiment Signal: Sell

Current Market Cap: 13.61B INR

See more data about ANDHRAPAP stock on TipRanks’ Stock Analysis page.

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